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Heidi Cuthbert CEO Grafa
Heidi Cuthbert

Heidi Cuthbert

GrafaCEO & Founder

Founder and CEO of Grafa, leading the company's vision to democratise financial data and empower investors with innovative tools.

Articles by Heidi Cuthbert

Grafa

Genco board unanimously rejects Diana Shipping’s hostile $23.50 takeover bid

The Board of Directors of Genco Shipping & Trading (NYSE:GNK) has unanimously rejected an unsolicited tender offer from Diana Shipping to acquire all outstanding shares of the company for $23.50 per share in cash, setting up a high-stakes corporate standoff in the global maritime sector.

Read more: Genco board unanimously rejects Diana Shipping’s hostile $23.50 takeover bid